Press room

• Telefónica España is redefining its structure around three major independent business units: B2B Spain, B2C Spain and Wholesale Spain. The aim is to sharpen focus within each segment, drive growth, streamline the organisation and strengthen accountability for the performance of each unit.
• Telefónica España’s support functions will become part of the corresponding corporate areas, simplifying the management model and harnessing synergies.
• The new operating model optimises decision-making by eliminating redundancy, aligns Telefónica España’s commercial and technology capabilities with market needs, and steps up its commitment to the business and residential segments to drive growth both in Spain and internationally.
• Borja Ochoa will remain in post as non-executive Chairman of Telefónica España and will lead the B2B unit.
• Telefónica continues to innovate and reduce operational complexity to compete effectively across global markets.